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OM09 OPERATIONS STRATEGY AIMA Solved Assignment

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OM09 OPERATIONS STRATEGY AIMA Solved Assignment

Subject Code: OM09
Subject Name: OPERATIONS STRATEGY
Component name: ASSIGNMENT 1

Question 1:- 4P`s of Operations include:
a) Price
b) Promotion
c) Policy
d) Place

Question 2:- A company is operating in a market undergoing rapid change . The Company should adopt __________Strategy.
a) Functional
b) Agile
c) Inventive
d) Focussed

Question 3:- Quality Control in services is :
a) Easy and can be sampled
b) Difficult and has to be item specific
c) Not Measurable
d) None of these

Question 4:- For Developing a Customer Driven Operations Strategy the Management should do________.
a) Market Analysis
b) Product Classification
c) Process Classification
d) Innovation

Question 5:- Operations Strategy should be designed to Deliver______.
a) Corporate Strategy
b) Functional Strategy
c) HR Strategy
d) Financial Strategy

Question 6:- A company wants to switchover production from one product to another very fast . They should develop _________as core competence.
a) Production flexibility
b) Quick Delivery
c) Product Expertise
d) Process Expertise

Question 7:- The main source for Global strategy can include:
a) Risk
b) Learning
c) Reputation
d) All of These

Question 8:- The decision on Which Product to make is a __________.
a) Strategic Decision
b) Tactical Decision
c) Operational Decision
d) Functional Decision

Question 9:- Quality Function Development is a tool for:
a) Product Development
b) Market Development
c) Process Engineering
d) Quality Development

Question 10:- Business Process Reengineering is tool to bring __________Change.
a) Continuous
b) Drastic
c) Slow
d) Quality Development

Question 11:- Kaizen is a___________Activity and will result in ___________Improvement.
a) Daily , Drastic
b) Daily , Continuous
c) Monthly , Drastic
d) Yearly , Continuous

Question 12:- A company is wanting to set standards for Inventory levels based on Best Practices in Industry. They Should use:
a) Kaizen
b) BPR
c) Benchmarking
d) QFD

Question 13:- A Low Human Contact and Low Customisation are ___________ Services.
a) Professional
b) Quasi Manufacturing
c) Mass Services
d) None of these

Question 14:- The Measures of Capacity can be ____.
a) Only Output Measures
b) Only Input Measures
c) Both Input and Output
d) Quality Measures

Question 15:- The time span for Aggregate planning is :
a) 3 to 5 Years
b) 2 months to 1 Year
c) One Day to One Week
d) Hourly

Question 16:- In Level Strategy The output remains constant during______.
a) Planning Horizon
b) the Day
c) The Week
d) The Financial Year

Question 17:- MRP is Derived from_______.
a) MPS
b) Aggregate Plan
c) Capacity Plan
d) Forecast

Question 18:- Cellular manufacturing is a manufacturing process that produces families of parts within _______________.
a) Single Line
b) Multiple Lines
c) Process Centre
d) None of these

Question 19:- SMED means:
a) Single Minute Exchange of Dies
b) Single Machine Exchange of Dies
c) Simple Method for Exchanging Dies
d) None of these

Question 20:- By implementing JIT we can __________.
a) Reduce Production LOT Size
b) Increase Lot Size
c) Maintain Lot Size
d) None of these

Subject Code: OM09
Subject Name: OPERATIONS STRATEGY
Component name: ASSIGNMENT 2

OM09 OPERATIONS STRATEGY AIMA Solved Assignment

Question 1:- The major incidences following which all functions are stopped and it requires coordination of entire Crisis Management Group is :
a) Type1 Crisis
b) Type2
c) Type3
d) Not a Crisis

Question 2:- In EHS the S refers to:
a) Social
b) Society
c) Safety
d) Similar

Question 3:- The major actions which an organisation can take to fulfil its social obligations and ethical considerations as a responsible member of industry?
a) National Regulation Compliance
b) Equal Opportunity
c) Pre Employment Screening
d) All of the above

Question 4:- Shared Involvement signifies the common ___________ which is shared by all employees in any organisation.
a) Expenses
b) Revenue
c) Commitment
d) Cause

Question 5:- As per Fitts & Posner the first phase in learning is:
a) Autonomous
b) Cognitive
c) Associative
d) None of these

Question 6:- As per Sadler Continuum of Employee involvement includes:
a) Tell
b) Sell
c) Both a and B
d) None of these

Question 7:- As per Theory __________, The average person is not lazy and will exercise self-direction if committed to objectives.
a) X
b) Y
c) A
d) B

Question 8:- Enlightened Measures are related to__________.
a) Finances
b) Profits
c) Social Projects
d) None of these

Question 9:- Baldridge Criteria for Performance Excellence includes:
a) Leadership
b) Business Results
c) Strategic Planning
d) All of the above

Question 10:- In Balanced Scorecard the main factors are:
a) Learning
b) Financial
c) Customer
d) All of the above

Question 11:- Balanced Scorecard helps in linking _________ with a balanced set of relevant measures.
a) Profits
b) Quality
c) Operations
d) Strategy

Question 12:- A company is wanting to decide on Performance Measures for a Manufacturing Plant . They should keep in mind that the measures are________.
a) Consistent
b) Measurable
c) Understood
d) All of the above

Question 13:- A Maintenance Manager has collected following information about a machine: Availability 80% , ProductivityPerformance-90% , Quality Rate 70% . The OEE will be________.
a) 50.40%
b) 54%
c) 78.75%
d) 5.40%

Question 14:- In TPM as advocated by Japanese P refers to________.
a) Preventive
b) Productive
c) Performance
d) Predictive

Question 15:- As per Porters Value Chain Infrastructure and Procurement are__________.
a) Primary
b) Supporting
c) Secondary
d) Selective

Question 16:- ERP Software includes:
a) Finance Function
b) Sales Function
c) Supply chain Function
d) All of the above

Question 17:- The Main Financial Drivers of Value are:
a) Return on invested Capital
b) Free Cash Flows
c) Both a and B
d) None of these

Question 18:- An Operations Manager wants to identify Value drivers, the first step she will take is__________.
a) Measure Values
b) Develop a “Value Driver Map”
c) Measure Profitability
d) Identify Core Competence

Question 19:- The Continuous improvement in quality of a product is an example of:
a) Innovation
b) Invention
c) BPR
d) None of these

Question 20:- Unlimited Strategic Scope and New Organisational capabilities will_____________
a) Create revolutionary Change
b) Improve Core Business
c) Develop New Capabilities
d) All of the above

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